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As May 31st, is a public holiday being Sunday, the Federal Board of Revenue (FBR), Islamabad, in co-ordination with State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP), has made special arrangements for collection of duties and taxes on Saturday (30th May, 2015). The SBP directed settlement/clearing of FBR transactions on month end by NBP as follows: The NBP Bank branches (A, B and C) will settle their transactions on same day ie 30th May with respective SBP BSC Offices for which a special clearing will be arranged at 3.00 pm by NIFT and NBP will settle the transactions with SBP BSC by 9:00 pm.
Further, to facilitate taxpayers, the NBP branches (A, B and C) will accept cash transactions at their counter till 5.00 pm on Saturday. All field offices of Federal Board of Revenue will remain open from 9:00 am to 9.00 pm on Saturday.-PR

Copyright Business Recorder, 2015

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